There's an old theory that you can predict the trajectory of the stock market according to the length of women's skirts: if skirts are short, the stock market is on its way up, and if they're long, the market's going to plummet.

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This has always seemed like an old wives' tale, but in light of the recent stock market drop and credit-rating downgrade, we decided to check out the skirt section at a bunch of retail stores.

Wouldn't you know it, the summer skirts being sold in the US are all long right now!